In Dependence
“Though one may be overpowered, two can defend themselves. A cord of three strands is not quickly broken.” – Ecclesiastes
Warm summer greetings! It’s our sincere hope this finds you experiencing abundance in every dimension, coming off 4th of July celebrations and enjoying the early days of summer.
On the heels of celebrating independence, we are mindful of all the ways we are in dependence. Yes, there are absolutely times that call for being free from outside control or authority, especially when it is unjust or oppressive. And yet we also acknowledge that the idea of not depending on another for our livelihood or subsistence is generally false. We ARE connected.
We don’t have to look far to see beautiful examples of healthy dependence:
In the past year, one of our dearest clients was struck with the tragedy of a son’s cancer diagnosis. While there is simply no way to dismiss the sadness and hurt of it all, we are witnessing a beautiful show of a family’s strength as a team.
For us as your team, advocates for enhancing richness in life and money, we welcome new clients and team members (four more this year!) and recognize that preeminence in our mission isn’t possible without your and everyone here’s commitment to the cause.
Crucible moments in our country’s history, like 9/11, where despite our many differences we’re united in grief and a sense of purpose.
What comes to your mind? No doubt there are many examples. We encourage thankful reflection.
From an investment perspective, we venture into the second half of this election year in good shape. Despite historic narrowness in market leadership, which we highlighted in our market update at the end of May, U.S. stock market indexes are making new all-time highs. Extraordinary returns through the first six months of 2024 only added to the strength we experienced in 2023.
We’ve built our investment strategies with the purposeful intent of achieving your goals and are as confident as ever in our disciplined approach. We’re pleased that we’ve captured much of the market’s upside without sacrificing our discipline of paying a fair price. The majority of our core equity strategy is trading at a meaningful discount to the overall market.
Thanks for your continued partnership. It is near impossible to overstate how essential connectedness is in this work we have the privilege to do. Let’s keep leaning in together.
With optimism,
Dustin Brumbaugh, CFA®, ADVISOR | CEO/CIO
Important Disclosures
The content of this article is provided for general information purposes only and is presented solely as our opinion. The information was compiled from sources that we believe to be reliable, however, we cannot guarantee its accuracy, completeness, or timeliness. This article is based on the information available to us as of the date of this article and may change at any time. Tschetter Group does not provide tax and legal advice. Please consult your legal and tax professional for specific information.
Tschetter Group (“TG”) is a registered investment adviser with the Securities and Exchange Commission. The information provided by TG (or any portion thereof) may not be copied or distributed without TG’s prior written approval. All statements are current as of the date written and does not constitute an offer or solicitation to any person in any jurisdiction in which such offer or solicitation is not authorized or to any person to whom it would be unlawful to make such offer or solicitation. Different types of investments involve varying degrees of risk. Risk Disclosure Statement: All investments include a risk of loss that clients should be prepared to bear.